WTO: Trade dispute to hurt global growth
(VOVWORLD) - World Trade Organization Chief Roberto Azevedo said Friday that a major escalation in the trade dispute between the US and China could derail the global recovery and put many jobs at risk.
 World Trade Organization Chief Roberto Azevedo (Photo: AFP)
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He said in a statement to the International Monetary Fund's spring meetings that most of the impact of the trade war will hit poor countries the hardest.
Azevedo expressed concern over the possibility of a sequence of unilateral, tit-for-tat measures, all of which generate uncertainties for global trade and GDP growth. He urged countries to use the WTO as a forum for resolving any disputes, which will be essential to prevent current tensions from escalating.